983 sqft
Fully Air Conditioned
Forced Air
$1,125,000
Excellent Investment Opportunity in Prime Brampton Location! Own this 983 sq. ft. commercial retail unit in one of Brampton's most sought-after neighbourhoods. The property is leased to a well-established, successfully operating restaurant with a 5+5+5 year term at $46/sq. ft. + TMI, with an annual rent increase of $1/sq. ft. Ideally situated at the busy intersection of Mayfield Rd & McVean Dr, this property offers maximum visibility and exposure along a high- traffic corridor. Surrounded by dense residential and commercial developments, this is a turnkey investment offering steady rental income and excellent future growth potential. TMI Is $13.50 per sqft. (id:41954)
Property Details
|
MLS® Number
|
W12483532 |
|
Property Type
|
Retail |
|
Community Name
|
Toronto Gore Rural Estate |
Building
|
Age
|
0 To 5 Years |
|
Cooling Type
|
Fully Air Conditioned |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Size Interior
|
983 Sqft |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Zoning Description
|
Commercial Retail |
https://www.realtor.ca/real-estate/29035293/29-11625-mcvean-drive-ne-brampton-toronto-gore-rural-estate-toronto-gore-rural-estate